Question: The U . S . Social Security Administration ( SSA ) operates the federal government s social insurance program that covers 1 7 3 million

The U.S. Social Security Administration (SSA) operates the federal governments social insurance program that covers 173 million workers. There are 65 million people receiving retirement, disability, or survivors benefits from a $920 billion annual operating budget (source: U.S. Social Security Administration, www.ssa.gov).
Currently all social security tax contributions are invested in risk-free U.S. Treasury bonds and bills, however under a proposed federal mandate, the SSA is launching Retirement.gov to allow workers and recipients to control how their contributions are invested. Retirement.gov would operate similar to HealthCare.gov where individuals can review and select a private sector investment management company to manage their retirement fund, similar to how private pensions, IRAs, and 401(K) retirement funds operate. Retirement.gov is scheduled to launch in 24-months. Based on this info, I understand this is going to be a major IT project where quality and security stands out as Critical Success Factor (CSFs). I am requesting with the expert to help develop value metrics for internal client (Soc Sec Admin), external customer (like banks), and end users (like the public). How can we justify these new metrics?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!